Thursday, July 25, 2013

Trading Tips for the Day - 25 July 2013

FKLI will likely open 1-3 points down, for the first trade today, one can attempt to Short 1-3 points above the opening price, try get 5-7 points profit and put a stop 5 points away.  Close your position by the end of the day.

CPO could make a rebound today as it tests its major support of 2200.  We will see how it opens and go from there.

For those watching stocks, Farmbes and its Warrant Farmbes-WB seems to be making a move, yesterday the warrant gained 16% at one point, settling 13% up at the end of the day.

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